The Global Smaller Companies Trust (LON:GSCT) Shares Down 1.6% – Time to Sell?

The Global Smaller Companies Trust (LON:GSCT) traded down 1.6% during mid-day trading on Tuesday . The stock traded as low as GBX 161.80 ($2.00) and last traded at GBX 161.80 ($2.00). 634,166 shares changed hands during mid-day trading, an increase of 29% from the average session volume of 492,747 shares. The stock had previously closed at GBX 164.40 ($2.03).

The Global Smaller Companies Trust Trading Up 0.1 %

The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 6.69. The firm has a market cap of £807.26 million, a price-to-earnings ratio of -2,670.00 and a beta of 1.01. The company’s 50-day moving average price is GBX 164.47 and its 200-day moving average price is GBX 164.52.

The Global Smaller Companies Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Tuesday, December 24th will be paid a GBX 0.70 ($0.01) dividend. This represents a dividend yield of 0.42%. The ex-dividend date of this dividend is Tuesday, December 24th. The Global Smaller Companies Trust’s dividend payout ratio is presently -3,333.33%.

The Global Smaller Companies Trust Company Profile

BMO Global Smaller Companies PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of small cap companies.